Breaking News: N-Power Payment News on October 27, 2023
Friday 27 October 2023
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N-Power Payment Update on October 27, 2023
In a long-anticipated announcement that brings relief to N-Power beneficiaries across the nation, the federal government has revealed its plan to address the longstanding issue of unpaid stipends. Today, on October 27, 2023, we bring you the latest and most crucial developments regarding the N-Power Payment News.
For months, N-Power beneficiaries have been eagerly awaiting the disbursement of their stipends, which had accumulated a 9-month backlog. The delay had caused financial strain for many beneficiaries who rely on these funds to support their livelihoods.
However, as of today, the federal government has stepped in to provide much-needed clarity and reassurance. Akindele Egbuwalo, the national program manager of N-Power, made a groundbreaking announcement regarding the payment schedule. He disclosed that the government has successfully recovered funds from existing payment service providers, paving the way for the long-overdue payments to be made. CONTINUE READING.......
The relief doesn't end there. Beneficiaries can also celebrate the program's transformation, with its rebranding as the "Renewed Hope Job Creation Programme" (RHJCP). This renaming aligns with President Bola Ahmed Tinubu's new vision, and the program will now be overseen by Dr. Betta Edu, the Honourable Minister. The RHJCP is set to expand its reach significantly, with plans to target five million beneficiaries over the next five years, welcoming one million youths each year, both graduates and non-graduates.
This announcement comes at a crucial time, as there had been murmurs of a potential nationwide protest by N-Power beneficiaries due to a lack of information and delayed payments. However, during the meeting, a representative from Yobe State clarified that with the transparency and assurances provided, there is no longer a need for such protests. Beneficiaries are now encouraged to exercise patience as they await their payments, confident in the improved implementation of the program.
The Breaking News of N-Power Payment for October 27, 2023, signifies not just the clearing of the backlog but also the start of a new chapter for the program. The federal government's commitment to addressing the beneficiaries' concerns and President Tinubu's vision for job creation offer hope and reassurance to millions of Nigerian youths. CONTINUE READING.........
Stay tuned for further updates on this significant development, as we continue to monitor the progress and impact of the Renewed Hope Job Creation Programme.
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